Mermaid Maritime PCLMMMPF +2.56%47 EV-to-OCF is 3.71 as of Jul. 12, 2026, which is 54% below its 10-year median of 8.07. GuruFocus rates MMMPF with a GF Score™ of 47/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,013 Oil & Gas companies, Mermaid Maritime PCL ranks better than 61.3% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Mermaid Maritime PCL's Enterprise Value is $182.5 Mil.
Mermaid Maritime PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $49.2 Mil. Therefore, Mermaid Maritime PCL's EV-to-OCF for today is 3.71.
The historical rank and industry rank for Mermaid Maritime PCL's EV-to-OCF or its related term are showing as below:
MMMPF'
s EV-to-OCF Range Over the Past 10 Years
Min: -70.23 Med: 8.07 Max: 328.95
Current: 3.73
During the past 13 years, the highest EV-to-OCF of Mermaid Maritime PCL was 328.95. The lowest was -70.23. And the median was 8.07.
MMMPF's EV-to-OCF is ranked better than 61.3% of 1013
companies
in the Oil & Gas industry
Industry Median: 5.71
vs MMMPF: 3.73
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Mermaid Maritime PCL's PE Ratio (TTM) for today is calculated as:
Mermaid Maritime PCL's share price for today is $0.08.
Mermaid Maritime PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.005.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Mermaid Maritime PCL EV-to-OCF Related Terms
Mermaid Maritime PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Mermaid Maritime PCL's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mermaid Maritime PCL EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Mermaid Maritime PCL's EV-to-OCF falls into.
Mermaid Maritime PCL's current Enterprise Value is $182.5 Mil.
Mermaid Maritime PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $49.2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mermaid Maritime PCL (MMMPF) has a EV-to-OCF of 3.71 as of Jul. 12, 2026. This is 54% below median its historical median of 8.07. According to the industry distribution chart, Mermaid Maritime PCL ranks #392 out of 1013 companies in the Oil & Gas industry, placing it in the top 38.7%.
Is Mermaid Maritime PCL's EV-to-OCF too high?
Mermaid Maritime PCL's current EV-to-OCF of 3.71 is 54% below median its 10-year median of 8.07. The Oil & Gas industry median EV-to-OCF is 5.71. Mermaid Maritime PCL's value of 3.71 is 35% below this industry median. Based on the distribution chart, Mermaid Maritime PCL ranks #392 out of 1013 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's EV-to-OCF compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #392 out of 1013 companies for EV-to-OCF. This puts Mermaid Maritime PCL in the upper half of its industry. The industry median EV-to-OCF is 5.71. Mermaid Maritime PCL's value of 3.71 is 35% below this benchmark. While the company's 10-year median is 8.07 vs. the industry median of 5.71, Mermaid Maritime PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.71, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mermaid Maritime PCL's current EV-to-OCF of 3.71 is 35% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median EV-to-OCF is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current EV-to-OCF is 3.71, which is 54% below median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current EV-to-OCF is 3.71, which is 54% below median its 10-year median of 8.07 and 35% below the Oil & Gas industry median of 5.71. Mermaid Maritime PCL's overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Mermaid Maritime PCL (MMMPF), the current EV-to-OCF is 3.71 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mermaid Maritime PCL (MMMPF) Overvalued in 2026?
Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued.
The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06.
GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.
Key valuation signals for MMMPF:
EV-to-OCF: 3.71 (54% below median its 10-year median of 8.07)
GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
Industry Position: 35% below the Oil & Gas median (#392 of 1013)
No single metric tells the full story. See the MMMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.
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